Is the AI Hype Facing Reckoning? DeepMind CEO Warns of Exaggerations
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DeepMind CEO Demis Hassabis has warned against exaggerations in the AI sector at the World Economic Forum in Davos. In an interview with the Financial Times, he stated that early funding rounds for AI startups have now reached sizes that often no longer align with actual product maturity or commercial reality. This could lead to a noticeable cooling in certain market segments. DeepMind is Google's AI lab focused on advanced research, working on fundamental AI models as well as applications in science, medicine, and technology development. Billions...
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